8x8 Inc (EGHT) Financial Statements (2025 and earlier)

Company Profile

Business Address 675 CREEKSIDE WAY
CAMPBELL, CA 95008
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2024
MRQ
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
3/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments117,310137,628136,050152,868170,852346,482
Cash and cash equivalent116,262111,40091,205112,531137,394276,583
Short-term investments 1,04826,22844,84540,33733,45869,899
Restricted cash and investments3565118,6918,17910,376 
Receivables58,97962,30757,40051,15037,81120,181
Capitalized contract cost35,93338,04835,48230,24122,44415,601
Other current assets35,25834,63037,99934,09535,67915,127
Total current assets:247,836273,124275,622276,533277,162397,391
Noncurrent Assets
Operating lease, right-of-use asset35,92452,44463,41566,66478,963
Property, plant and equipment53,18157,87179,01693,07694,38252,835
Long-term investments and receivables   2,671 16,083 
Long-term investments   2,671 16,083 
Intangible assets, net (including goodwill)353,291373,975395,080148,650152,30151,374
Goodwill266,574266,863266,867131,520128,30039,694
Intangible assets, net (excluding goodwill)86,717107,112128,21317,13024,00111,680
Capitalized contract cost, net52,85967,64475,66872,42753,30733,693
Restricted cash and investments 1058188184628,641 
Other noncurrent assets12,78315,93417,97820,59719,8022,965
Other undisclosed noncurrent assets      8,100
Total noncurrent assets:508,143568,686634,646401,876423,479148,967
TOTAL ASSETS:755,979841,810910,268678,409700,641546,358
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities126,964120,542141,78087,699110,44571,369
Taxes payable32,57312,12910,25113,862
Employee-related liabilities36,31929,87922,65618,437
Accounts payable48,86246,80249,72131,23640,26132,280
Accrued liabilities78,10273,74023,16714,45537,2776,790
Deferred revenue34,32534,90934,26220,7377,105
Debt 62,932  5,875 
Contract with customer, liability3,336
Other undisclosed current liabilities11,29511,50415,48512,942  
Total current liabilities:172,584229,887191,527121,378123,42574,705
Noncurrent Liabilities
Long-term debt and lease obligation409,690428,814521,970390,891383,989216,035
Long-term debt, excluding current maturities409,690428,814447,452308,435291,537216,035
Liabilities, other than long-term debt71,74783,20314,4055,6362,4966,228
Deferred revenue7,81010,61511,430  
Contract with customer, liability6
Other liabilities7,2906,9652,9755,6362,4966,222
Operating lease, liability56,64765,62374,51882,45692,452
Total noncurrent liabilities:481,437512,017536,375396,527386,485222,263
Total liabilities:654,021741,904727,902517,905509,910296,968
Equity
Equity, attributable to parent101,95899,906182,366160,504190,731249,390
Common stock12511511810910396
Additional paid in capital973,895905,635956,599755,643625,474506,949
Accumulated other comprehensive loss(11,553)(12,927)(7,913)(4,193)(12,176)(7,353)
Accumulated deficit(860,509)(792,917)(766,438)(591,055)(422,670)(250,302)
Total equity:101,95899,906182,366160,504190,731249,390
TOTAL LIABILITIES AND EQUITY:755,979841,810910,268678,409700,641546,358

Income Statement (P&L) ($ in thousands)

12/31/2024
TTM
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Revenues728,705743,938638,130532,344446,237352,586
Cost of revenue
(Cost of Product and Service Sold)
(224,905)     
Other undisclosed gross profit      
Gross profit:503,800743,938638,130532,344446,237352,586
Operating expenses(531,403)(810,230)(792,271)(678,493)(606,056)(443,574)
Operating income (loss):(27,603)(66,292)(154,141)(146,149)(159,819)(90,988)
Nonoperating income (expense)(36,347)(4,044)(21,629)(18,593)(11,717)2,818
Other nonoperating income4,2782,864    
Interest and debt expense(1,766)18,545    
Loss from continuing operations before equity method investments, income taxes:(65,716)(51,791)(175,770)(164,742)(171,536)(88,170)
Other undisclosed income (loss) from continuing operations before income taxes1,766(18,545)    
Loss from continuing operations before income taxes:(63,950)(70,336)(175,770)(164,742)(171,536)(88,170)
Income tax expense (benefit)(3,642)(2,807)387(843)(832)(569)
Loss from continuing operations:(67,592)(73,143)(175,383)(165,585)(172,368)(88,739)
Loss before gain (loss) on sale of properties:(175,383)(165,585)(172,368)(88,739)
Net loss available to common stockholders, diluted:(67,592)(73,143)(175,383)(165,585)(172,368)(88,739)

Comprehensive Income ($ in thousands)

12/31/2024
TTM
3/31/2024
3/31/2023
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Net loss:(67,592)(73,143)(175,383)(165,585)(172,368)(88,739)
Comprehensive loss:(67,592)(73,143)(175,383)(165,585)(172,368)(88,739)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,374(5,014)(3,720)7,983(4,823)(1,708)
Comprehensive loss, net of tax, attributable to parent:(66,218)(78,157)(179,103)(157,602)(177,191)(90,447)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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